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Published: 2016-03-03 15:15:00 CET
Energijos Skirstymo Operatorius AB
Notification on material event

Regarding the Decision to Terminate Judicial Proceedings

Energijos Skirstymo Operatorius AB, identification code 304151376, registered office placed at Aguonu str. 24, Vilnius, Republic of Lithuania. The total number of registered ordinary shares issued by company is 894 630 333; ISIN code LT0000130023.

On 20 of February, 2015 AB LESTO filed a complaint in Vilnius Regional Administrative Court regarding the dismissal of National Commission’s for Energy Control and Prices (hereinafter - Commission) decision of 19 January, 2015 No. O3-11 on “Setting price caps of LESTO distribution service of medium and low voltage networks for the years 2016-2020”.

Taking into account that since the submission of the complaint to the Court, the Commission has essentially changed the contested provisions of the ruling and the regulation of related legal environment, ESO, which after the reorganization of LESTO took over the rights and obligations, noted Vilnius Regional Administrative Court about the refusal of its appeal claims.

The end of this dispute will not affect other legal proceedings between the Company and the Commission.

         Representative for Public Relations Martynas Burba, tel. (8~5) 2514516.